The rank and file, those whose principal preoccupation is with the problem of existence, are in no mood to argue with the beneficent State; they are for letting well enough alone. Those Americans who have pretensions to over-average capacities are also quite willing to put their self-esteem on the barrelhead. The entrepreneur whose venture would not exist but for government loans or government contracts readily makes peace with government regulation. So long as government bonds pay interest, the banker will not quarrel with government intervention. The farmer does not object to a meddlesome
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